1.

Why the procedure of opening a company a lengthy and expensive?

Answer»

Lengthy and expensive incorporation procedure:

  • Unlike other forms of businesses the formation of a company is lengthy, complicated and expensive.
  • A company needs to hire services of experts who help the company to prepare the documents like Memorandum, Articles, etc. and submit them to the Registrar of Companies for obtaining certificate of incorporation.
  • Over and above the registration fees the companies also pay fees to the experts for their services.


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